Supply Chain Management: According to researches, Wal-Mart is lauded to have a well established communications system operating in the retailing industry. It has a state-of-the art SCM method that applies advanced communication technology that connects through its retail centers, distribution stores, headquarters and all suppliers of their goods and services. The organization applied the use of IT to enable it to use bar codes for inventory tracking. This also facilitated Electronic Data Interchange that made it to have direct links with its stores. Besides it actualized the installation of satellite contact systems to synchronize all the activities of its supply chain  HYPERLINK "http://www.icmrindia.org/casestudies/catalogue/Operations/Wal-Mart-Supply%20Chain%20Management-IT-Internet-Operations%20Case%20Study.htm" o "Wal-Mart`s Supply Chain Management Practices (B): Using IT/Internet to Manage the Supply Chain - Operations Case Study - Page4" A supply chain is defined as a structural linkage of market players in a given industry. It helps to ensure the process of production, sale and delivery of goods to the end user is successful. This process involves a chain of retailers, distributors, suppliers, transporters and warehouse. There are three components that Walmart has designed in order to improve its services in the market. These components are efficient manufacturing, supply chain and distribution. Supply chain ensures that raw materials reach the manufacturer, who ...